Mubasher: Gold settled lower at Friday’s settlement, gaining 0.4% for the week.

Comex December gold fell $3.4, or 0.2%, to settle at $1,511.4 per ounce.

By 06:35 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, decreased by 0.12% to 97.24.